East Africa business news from Kenya, Ethiopia, Tanzania, Uganda, Rwanda and the wider EAC region.
The World Bank has revised its economic growth forecast for Kenya down to 4.5% for 2025, cutting half a percentage point from its earlier projection. The global lender cited rising …
Access to Finance Rwanda (AFR) has honoured victims of the 1994 Genocide against the Tutsi during a memorial event held at Rukumberi in Ngoma District, Eastern Rwanda. The organisation also …
Senate President François-Xavier Kalinda has called on African youth to take full advantage of the growing regional trade opportunities across the continent, urging them to break free from colonial-era thinking …
Uganda has secured a $800 million financing agreement with the Islamic Development Bank (IsDB) to fund major infrastructure projects aimed at boosting trade and development across the country. The deal …
The average pump price of Premium Motor Spirit (PMS), also known as petrol, jumped by 76.73 per cent year-on-year in April 2025, reaching N1,239.33 per litre, according to data released …
Standard Chartered Bank Kenya has reported a net profit of KSh20 billion for the 2024 financial year, showing a 45 percent increase compared to the KSh13.8 billion it made in …
Kenya Commercial Bank (KCB) Group has announced that it made a net profit of KSh16 billion in the first quarter of 2024, which is the same amount the bank made …
Kenya’s Capital Markets Authority (CMA) has approved a plan to raise Sh47 billion to fund the ongoing construction of the Talanta Sports Stadium in Nairobi. The stadium is one of …
Nigeria has emerged as the third most active country in Africa for hotel development, with 48 hotel projects and 7,320 rooms currently in the pipeline, according to the 2025 Hotel …
The Bet9ja Foundation says it has completed 206 humanitarian projects across 33 states and the Federal Capital Territory (FCT) in less than two years of its operation in Nigeria, impacting …
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